Investors' Soapbox AM

Raise the Rooftops for These Solar Stocks

SolarCity and SunPower will benefit from support for rooftop solar.

June 17, 2013

Credit Suisse

We are upgrading SolarCity from Neutral to Outperform and increasing our price targets on SolarCity and Neutral-rated SunPower to $52 and $19, respectively, from $28 and $16.

We see a softened risk of net metering caps after our discussions with the California Public Utilities Commission (CPUC) and solar companies on our clean tech field trip this week. We met with [closely held] Soraa, SunPower (SPWR), Silver...